Warehousing: Storing goods in a warehouse before shipping to a final destination.
Freight Management: The process of moving freight from the point of origin to its final destination through various modes of transportation with various types of technology.
Intermodal Trucking: When two types of shipping are used for moving freight, it’s known as intermodal. If one of those types of shipping is by truck, it’s considered intermodal trucking. The other shipping method may be rail, car, or ship.
Freight Brokerage: An intermediary between the shipper and the carrier is known as a freight brokerage. This type of company facilitates the movement of goods from the origin to the destination through relationships with shippers and carriers.
Freight Shipper: A company that transports or facilitates the transport of goods and cargo by land, sea, or air.
Freight Carrier: An individual or a company directly handling your freight as it’s shipped to the destination.
Asset Management: To control, track, and maintain shipping and trucking assets to maximize productivity, decrease downtime, and optimizing the logistics process.
Logistics Technology: Technology used to aid and enhance the logistics process. Examples of logistics technology include online tracking, tracking alerts, enhanced GPS accuracy, and autonomous trucks and drones.
Shipping Logistics: The management of shipping freight from one point to another using resource planning, management of trailers, organization, execution, and transportation control. Logistics includes many supply chain activities, such as ordering, purchasing, forwarding, and warehousing.
Cross-docking: A procedure in logistics where products come from the manufacturer or supplier and get directly distributed to a retail chain or customer with very little to no handling or storage time.
Freight Consolidation: A logistics strategy that includes combining multiple shipments into one shipment and hauling the entire load to the destination point where the smaller shipments will be broken down.
Freight Storage: A part of the supply chain where goods are held in storage until it’s time to ship the freight to the final destination.
LTL Freight: Less than load (LTL) is a shipment that won’t fill the entire truckload. It’s usually multiple shipments on the same truck separated into smaller parcels.
Freight Forwarding: The use of single or multiple carriers to coordinate the shipping of goods from one destination to another.
3PL: Third-party logistics (3PL) means a third party will be involved in the logistics operations of the company.
4PL: Fourth-party logistics (4PL) is an optimization and integration level of logistics often coordinating the activities of other 3PLs. A 4PL offers a single point of contact within the supply chain.
EDI or Electronic Data Interchange: An interchange of business information with a standardized format making it possible for one company to electronically send information to another without using paper.
Supply Chain: The network of companies, resources, technology, and individuals used to create the sale of a product and delivery it to the final consumer.
Docking Terminal: Where trucks will dock to deliver goods to a warehouse or during the process of cross-docking. It usually includes dock doors with an inbound and outbound, along with some storage space.
Quality control: A process used to ensure the product being delivered maintains the necessary quality for the end-user.
Flatbed: Transportation of cargo on an open-air truck is known as a flatbed. The design allows forklifts and cranes to unload goods from any angle. Flatbed shipping is used for cargo not requiring an enclosure and for good unable to be loaded or unloaded from a dock.
Last Mile Services: The final delivery of goods from a short geographical distance. A rather complex portion of logistics, last-mile provides benefits for both the supplier and the receiver of goods.
Macro Point Tracking: The consolidation of logistics tracking data into a single platform to help with automated freight matching and real-time freight visibility.
Bulk Goods: Items bought in larger quantities to be sold in smaller quantities.